A Manufacturer Retains More Control Over the Export Process When

question 41

True/False

A manufacturer retains more control over the export process when it deals with an export-management company than if it were to sell the goods outright to an export-trading company.

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Definitions:

Formalization

The extent to which rules, procedures, instructions, and communications are written and explicitly articulated.

Operations Technology

The hardware and software solutions used to manage and improve business operations.

Thompson's Classification

A methodology for categorizing organizations based on their level of interdependence and coordination amongst tasks.

Woodward's Classification

Woodward's classification is a framework developed by Joan Woodward that categorizes firms into three basic types—unit production, mass production, and process production—based on the complexity of their technology and production processes.